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$ 4,990,000
Est. payment /mo
Active
217 ROYAL AVENUE New Westminster, BC V3L1H4
11,347 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,347 sqft
Price per Sqft $439
MLS® Listing ID C8052084
Originating Board Greater Vancouver REALTORS®
Year Built 1961
Lot Size 8,872 Sqft
Acres 8872.0
Property Description
DEVELOPER & INVESTOR ALERT, great FREE STANDING income generating property for sale with potential HIGH RISE RESIDENTIAL REDEVELOPMENT opportunity. This 4-Storey multi-family building located in vibrant Queens Park with stunning Panoramic River Views from south exposure. There are 19 1-bedroom units include 2 penthouse suites with free parking in back yard, well maintained for a cozy & quiet living atmosphere, hardwood floor, 7 years old high efficiency Boiler, around 12 years old Water Tank, Re-Roofing 6 years ago, newer Double Glazed Windows and paint... Positive cash flow keeps sustainable to meet strong rental demand. OCP: RH (RESIDENTIAL'HIGH RISE), potential for high density residential redevelopment. Central location, steps to Downtown New West, close to all your daily needs, such as transits, parks, schools, shopping and Douglas College. Walk Score: 80/Very Walkable. Great opportunity for developers & investors. Showing only by appointment! Do not walk through property, do not bother occupants! (id:24570)
Location
State BC
Exterior
Parking Features No
Fence Fenced yard
View Y/N No
Private Pool No
Others
Virtual Tour https://my.matterport.com/show/?m=RGoyeD9cckW
Listed by Nu Stream Realty Inc.